A serious company should assist clients quickly. worldtradex is also active on social media, but among all, Instagram is the only popular platform with more than Worldtradex scammers 5,000 followers. On YouTube, the company’s performance is poor, with less than 10 views per video. So, if you want attention from the company’s representatives, Instagram is your only option.
You can comment on any of our materials and contact us via email. If you know any scam projects that were not reviewed by our team, please contact us. You shouldn’t trust such firms because they operate without serious regulation. The platform could work against you, and believe me, it will. Let’s start by analyzing the broker’s website, and to be honest, there are some things worth noting. The site, to put it mildly, does not look great.
The bonus is paid out based on the selected option for registration. When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200. There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off. worldtradex clients can trade with WebTrader, TradeCopier, and MetaTrader 4. The official website and personal account section contain links to download programs. However, the full-featured mobile version is only partially supported.
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- Educational resources consist of e-books, webinars, podcasts, and tutorial videos.
- Apparently, the company does not offer such an option.
- Offshore brokers often use such countries to avoid the strict regulations that exist in countries with more rigid financial controls.
- Scammers design web or mobile apps that look like real trading dashboards.
Information posted on the portal antiscam-help.reviews, is for informational purposes. It’s good that there’s at least https://worldtradex.club/ a demo account and a cent account, but this still doesn’t eliminate the feeling that the trading conditions at worldtradex are far from transparent and clear. Yes, you can try it on a demo account, but real trading requires more clarity. In general, the conditions are a mix of mediocre and veiled.
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On its site (worldtradex.com) the firm lists an address at F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, phone N/A, and email , all said to be managed by Tradeco Limited. This article checks whether worldtradex is genuine or fraudulent, looks at its regulatory status, common scam tricks, and explains the steps you can take if you have been caught out. worldtradex falls into the category of UNREGULATED platform. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable.
Key worldtradex Trading Features
It feels like worldtradex simply grabbed whatever looked “nice” and placed it on the site. They lack personalization and are completely unsuitable for a serious platform that claims to be a reputable broker. Click here to see how to check if a broker is safe and what to do if you encounter a scam broker. Based on the broker information on the FxGecko app, I believe there are at least 5 significant high-risk signals for worldtradex (Tradeco Limited) as follows.
worldtradex Review by Expert: Is It a Fraud or Safe Broker?
It is improbable that lost money can be recovered through litigation. Moreover, transactions on offshore regulated platforms are usually made in cryptocurrency, which means they are non-refundable. Information about trading commissions and dealer fees is not available on the main page of the site. Most of the data is present exclusively in electronic documents. Trading fees are close to zero, company representatives say. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The trades are filled in right when I click the button, the payment goes swiftly without any delays, platform choice is the best imho. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
Finding contact details for worldtradex is not that easy. The “contact” section does not include them, except for a feedback form. We managed to find an email address in the user agreement, but the phone number is probably missing altogether.
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- It is improbable that lost money can be recovered through litigation.
- Click here to recognize common investment trading scams to avoid being scammed.
- If issues arise with withdrawals or dishonest practices, you will have very few means to protect yourself.
- Dealing with an unregulated company like worldtradex increases the risk factor of your money.
- Hello Erik Krüger,We are so grateful that you took the time to write this excellent review!
We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been. Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, worldtradex ⚡️Empowering traders. On its YouTube channel, the company publishes market reviews. In the personal cabinet, there is access to an economic calendar, indicators, trading ideas, news, and other additional tools.
Unauthorised firm details
There is nothing particularly useful or unique, but at least worldtradex offers small tools. This is better than nothing, but it is unlikely to bring any real benefit to clients in terms of stable earnings from trading. We won’t go into detail about each bonus, but we strongly recommend carefully reviewing the conditions for claiming them.
Most other features are unavailable, and educational materials are of poor quality. worldtradex provides extra services regardless of the trading account. This means that clients get access to benefits the moment they make the minimum deposit amount. The administration supports features such as an economic calendar and a calculator.
The interface of the personal cabinet is similar to the official website. Here, worldtradex can be given a good rating for their efforts. Then having a cent account which gives real life experience but minimum risk was the confirmation I needed that this was my broker. Dear Justin De neef,Thank you for sharing your feedback with us.